SeaArk Marine Wins $14M Warfare Boats Deal

Friday, June 28, 2002
The cash continue to flow from government sources into the coffers of the U.S. marine business, as SeaArk Marine, Inc. yesterday announced a two-year, $14-million contract from Naval Sea Systems Command for 36 Coastal Warfare Boats. The 34-ft. aluminum boats are powered by Cummins Diesel engines with Twin Disc gears and Konrad stern drives. Designed for coastal patrol and defense, these boats will be deployed to protect military facilities worldwide. Naval Sea Systems Command (NAVSEA) is the primary purchasing office for U. S. Navy boats and ships, as well as non-combatant craft. John McClendon, President and CEO of SeaArk Marine, commented, "I am very proud of our team for securing this work. NAVSEA and SeaArk have worked extremely well together in the past and this contract represents a healthy backlog for us for the next 18 months". SeaArk Marine was also selected to construct the Navy's Harbor Security Boat-Small for the CINCLANT fleet and the Harbor Security Boat-Medium for CINCPAC fleet. According to Ken McFalls, Vice President of Sales, "We (SeaArk) realize this surge in business will be short lived. Therefore, we have made a concentrated effort to maintain our standard non-military production line as well as fulfilling the Navy's requirements".

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